HotRodSaint
09-05-05, 12:33 PM
The we-told-you-sos have it wrong about what Hurricane Katrina-induced $3-a-gallon gas means for Detroit. (http://www.detnews.com/2005/insiders/0509/05/B01-302716.htm)
Sliding sales of big SUVs, gas lines at some stations and fears that prices will go even higher as the oil industry struggles to rebuild refineries and oil platforms in the Gulf of Mexico aren't proof that what the country needs are stiffer federal fuel-economy rules.
They're proof that the market forces of supply and demand are the sternest disciplinarian of all.
Higher prices did what higher fuel-economy rules couldn't.
It's time to tax gasoline, so that consumer habits permanantly change.
Otherwise, people will start buying Escalades again and never think twice about it. :D
Sliding sales of big SUVs, gas lines at some stations and fears that prices will go even higher as the oil industry struggles to rebuild refineries and oil platforms in the Gulf of Mexico aren't proof that what the country needs are stiffer federal fuel-economy rules.
They're proof that the market forces of supply and demand are the sternest disciplinarian of all.
Higher prices did what higher fuel-economy rules couldn't.
It's time to tax gasoline, so that consumer habits permanantly change.
Otherwise, people will start buying Escalades again and never think twice about it. :D